Cowabunga System Weekly Review

This is the week in review for the Cowabunga system: January 8-12, 2007

Monday: +30
Tuesday: -23
Wednesday: No Trades
Thursday: +19
Friday: +20
Total: +46 Pips

 

  • james

    Hi can you tell me if your system will work in a 1min / 5min chart please and are the settings the same

    Many thanks

  • james

    Hi can you tell me if your system will work in a 1min / 5min chart please and are the settings the same

    Many thanks

  • bigpippin

    I’ve never tested it on a 1 minute chart, but I would really not recommend it. This system relies on indicators and the lower the timeframe you go, the less reliable the indicators become. Even 15 minutes is pushing it but it seems to work ok with the 4hr chart as a main trend filter.

  • Bmystic

    Don’t you mean +69 pips on the total for the trades on your weekly review of the Cowabunga System.
    Looks as if you had a good though.
    Thanks for the updates and sharing your trade reviews with everyone.

  • bigpippin

    I’ve never tested it on a 1 minute chart, but I would really not recommend it. This system relies on indicators and the lower the timeframe you go, the less reliable the indicators become. Even 15 minutes is pushing it but it seems to work ok with the 4hr chart as a main trend filter.

  • Bmystic

    Don’t you mean +69 pips on the total for the trades on your weekly review of the Cowabunga System.
    Looks as if you had a good though.
    Thanks for the updates and sharing your trade reviews with everyone.

  • bigpippin

    Bmystic- Tuesday was a loss of 23 pips, not a gain. Therefore the total for the week was only +46 rather than +69.

  • bigpippin

    Bmystic- Tuesday was a loss of 23 pips, not a gain. Therefore the total for the week was only +46 rather than +69.